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2024 Compare Cities Economy:
Anchorage, AK vs Minneapolis, MN

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Highlights
- Household income in Minneapolis, is 21% less than it is in Anchorage and is 2% above the National Average.
- Anchorage unemployment rate is 6.6%.
- Minneapolis unemployment rate is 4.5%.

Economy
 Anchorage, AKMinneapolis, MNUnited States
 Unemployment Rate6.6%4.5%6.0%
 Recent Job Growth-0.8%1.8%1.6%
 Future Job Growth16.1%36.7%33.5%
 Sales Taxes0.0%8.0%6.2%
 Income Taxes0.0%7.1%4.6%
 Income per Cap.$43,125$43,925$37,638
 Household Income$88,871$70,099$69,021
 Family Median Income$106,497$97,670$85,028
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 Est. Households By Income
 Anchorage, AKMinneapolis, MNUnited States
 Income Less Than 15K5.4%11.3%9.4%
 Income between 15K and 20K2.8%3.6%3.8%
 Income between 20K and 30K5.0%7.3%8.1%
 Income between 30K and 40K6.0%7.7%8.0%
 Income between 40K and 50K5.8%7.1%7.6%
 Income between 50K and 60K6.3%6.8%7.2%
 Income between 60K and 75K10.8%9.4%9.6%
 Income between 75K and 100K14.1%12.6%12.8%
 Income between 100K and 150K20.2%15.9%16.3%
 Income between 150K and 200K11.1%8.2%7.8%
 Income greater than 200K12.5%10.3%9.5%
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 Population By Occupation
 Anchorage, AKMinneapolis, MNUnited States
 Management, business, finance16.4%20.3%16.4%
 Engineering, computers, science7.2%10.4%6.5%
 Community, social services2.3%2.8%1.8%
 Legal1.3%2.0%1.2%
 Education, library6.2%7.8%6.2%
 Arts, design, media, sports, entertainment1.9%4.8%2.0%
 Healthcare practitioners and technology6.4%6.0%6.2%
 Healthcare support3.2%3.3%3.3%
 Firefighters, law enforcement2.5%0.8%2.1%
 Food preparation, serving5.6%6.4%5.4%
 Building maintenance3.5%3.0%3.6%
 Personal care3.2%2.3%2.6%
 Sales, office, administrative support21.0%17.7%20.9%
 Farming, fishing, forestry0.3%0.2%0.6%
 Construction, extraction, maintenance/repair7.9%3.1%8.1%
 Production, transportation, material moving11.1%9.1%13.1%

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Reviews for Anchorage    83 Reviews

Anchorage had potential but with the massive amount of homeless the petty crime is on the rise. I chose to live in a town outside of Anchorage rather than the city for  More

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I lived in Anchorage for the better part of the 2010's. Pros: o Beautiful, mountain and ocean views; close to many hiking trails, campsites, fishing grounds,  More

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it's nice, i liked it when i grew up there. kinda wish i could move back, but i didn't really like being isolated from all the things like nordstrom, trader joe's,  More

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Reviews for Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 3 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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ZIPS IN ANCHORAGE, ALASKA
99504, 99507, 99508, 99577, 99502, 99515, 99516, 99501, 99517, 99503, 17 total
ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total

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